David McWilliams: The Intel indicator
Brexit could provide a boost to our FDI
The recent layoffs in Intel and the fact that Brexit, if it happens, could lead to a bonanza in diverted multinational investment from Britain to Ireland, put this country’s relationship with global companies back in the spotlight.
In the case of the layoffs at Intel, forced due to a sharper than anticipated fall in PC sales in the US, the losses underscore the less than satisfactory arrangement we have with the companies.
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